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20121027
20121104
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Search Results 0 to 34 of about 35 (some duplicates have been removed)
and the "detroit news." obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under president obama, gm cut 15,000 american jobs, but they're planning to double the number of cars built in china which means 15,000 more jobs for china. and now comes word that chrysler plans to start making jeeps in, you guessed it, china. what happened to the promises made to autoworkers in toledo and throughout ohio? >> that provoked general motors spokesman to release this statement "we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its since call worst will diminish our record of creating jobs in the u.s. and repatriating profits back to this coun
start work at chrysler today. that's in addition to the 7,000 new workers since chrysler exited chapter 11 bankruptcy in 2009. the car company also plans to add 900 to 1,000 workers at a truck plant by march. most of the workers will be on a new, four-day, 10-hour schedule that includes fridays, saturdays, mondays and tuesdays. the new schedule reduces the cost of running the plant and cuts down on overtime pay. u.s. car dealers are ticked off with tesla. the electric car company started selling its model "s" luxury hatchback through its own stores rather than traditional dealerships. it eliminates, for instance, the $1300 cut car dealers get from each of the 12.8 million cars sold in the u.s. last year. some dealers have already filed lawsuits. they're concerned that other, larger automakers may follow tesla's lead. cme group plans to start paying back former clients of peregrine financial next month. about 200 farmers and ranchers will receive $2 million. it's the first payout from the cme's fund that was set up after mf global collapsed in october 2012. so far, peregrine's bankruptcy
columns and other things that had gm not gotten them, they would've gone under. chrysler as well." "they were literally willing to risk the survival of gm to make as much money as they could." steven rattner, former counselor to the treasury during the bailout period, called it "extortion demands by barbary pirates." palast says delphi relocated parts plants in china and emerged from bankruptcy, going public last year. the company, purchased by the romneys' hedge fund at 67 cents per share in 2009, sold for $22 a share at the ipo - a 3,000% profit for investors like the romneys. a return largely the result of the auto bailout that romney so publically opposes. "it further solidifies the democrats' and labor's picture of romney as out-of-touch and more interested in personal wealth creation than job creation." with the presidential election less than a week away, the coalition of union and good government groups is urging the office of government ethics to act now to ensure mitt romney is in full compliance with the law's disclosure requirements. our repeated attempts for a reponse from t
. the real jeep news that day was actually that chrysler announced they were adding 1100 new jobs in the u.s. here making jeeps in detroit. and chrysler says it could hire almost as many people at another plant in warren, michigan. chrysler is investing half a billion in its toledo plant. but mitt romney got up that said defiance, ohio and says they are moving all their jobs. it's embarrassing for mr. romney. why would mitt romney get up in front of 12,000 people in ohio and tell them the auto bailout hasn't helped you at all. your jobs are going to china. i read it somewhere. where's the story? we found it. he was apparently trolling the nether regions of the right-wing press. he found it on a washington examiner blog post, which reported, quote, jeep, an obama favorite, looks to shift production to china. a move that would crash the economy in toledo. this is a misreading of a bloomberg report that was reporting good news. global demand for jeep has risen to the point where they can sell more in china and wants to build jeeps for china in china. this is good news for an american company,
took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> to quote bill clinton, that takes brass. but that ad got four pinocchios from washington post, got pats on fire from politico. so obviously he stopped, right? wrong. he's now buying ohio ads in the ohio city home of the jeep plant. >> now come words that chrysler plans to start making jeeps in, you guessed it, china. what happened to the promises made to autoworkers in toledo and throughout ohio? the same hard working men and went who were told obama's auto bailout would help them? >> today chrysler's ceo sent a letter to employees saying, i feel obliged to unambiguously restate our position. jeep productions will not be moved from the united states to chi china. it is inaccurate to suggest anything different. inaccurate is a kind way of putting it. when corrected time and time again, governor romney has walked away from the truth. he hasn't fibbed, he hasn't mud idea the facts. he lied. and it's a lie he is selling to the people of ohio. it's desperate behavior from a de
misleading and slammed by gm and chrysler. let me play it. >> they're running the most scurrilous ad in ohio. i want you to listen. one of the most flagrantly dishonest ads i can remember in my political career. >> so mark, a spokesperson of gm said it's completely untrue, to su miz the statement here in front of me. but this is about ohio, the ad about ohio and president obama still leads in ohio. >> the pushback you are seeing of general motors as well as chrysler is pretty extraordinary in a presidential campaign with major companies basically say that one campaign is being inaccurate in the tv ads. tamron, this has to do everything with ohio. this has all to do with the auto bailout and a reason president obama is doing better with white voters in ohio than might be in places in the south or battlegrounds like in virginia and florida, has to do with the auto bailout. getting support from a lot of people whose jobs are tied to the auto industry. another thing benefiting president obama has to do with the fact labor and the politics of labor very big flash points in the last couple of year
that says that obama's chrysler deal undermines u.s. workers. gm's ceo came out and said that the latest romney ad is politics at its worst this, is going to play out before voters in ohio. your thoughts on this? >> i was in ohio yesterday. ways in hamilton county, cincinnati then over in lebanon, and then, over in delaware county. goit a good taste of southwestern ohio. last time, obama carried ohio. it is rob portman's base. they're very, very proud of them. republicans told me they believe they're going to carry hamilton county maybe by 23,000 votes. that would be a swing of 50,000 votes by itself that would guarantee carrying ohio. people in lebanon and warren county very republican. tremendously enthusiastic. they're going to vote bigger than they voted last time for mccain. in delaware county it was a very rural area we were in. i couldn't find any obama voters. obama is going to be competitive. he's going to have cleveland and areas around dayton. i think ohio probably going to end up electing josh landel to the senate. all energy development, natural gas, oil coming out in canton
ohio for criticizing president barack obama for the auto bailout. >> reporter: the head of chrysler issued a statement saying it's not shifting jobs to china and the president's team has been out in force refuting the ad. >> in the last few hours with this campaign they have become truly desperate. >>> he is standing by the ad in virginia. reporting live, allison burns ktvu channel 2 morning news. >>> well several people have already voted and you are looking at video for early voters in maryland. some of the states are already releasing those who are voting and 2. 7 million people have already voted 2. 73 for the democrat and 41% for republicans. >>> they are taking their message to freeway overpasses this morning. in just about 45 minutes they are shrinking banners and they are urging commuters to vote for prop 30. if passed they would raise income taxes on people earning more than $250,000 a year. if it fails it would trigger education cuts. a new school and 48% of voters say they will vote yes on proposition 30 down 4 -- 54% on proposition 30. now the poll shows support for moll
is supported by lee iacocca and the troy news. obama took gm and chrysler to bankruptcy and sold chrysler to italens that will make jeeps in china. >> chrysler is not moving production to china. in fact, they are expanding u.s. production, and the fact they are going to sell jeeps in china is a signal that they have been tremendously successful. >> what did the italians ever do? leave me out of this. >> i'm struggling to see what exactly in that ad was true. >> it's a very desperate tactic where they're trying to do anything to change the game at this point. >> wow. straight ahead, back to the storm. live reports from out in the field, and the latest on when and where this is going to get bad. from the experts at the weather channel. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'
romney this week. he's gotten himself into a battle with gm and chrysler. he said that chrysler is going to shut down jeep production in the state of ohio and scared a bunch of workers in the region. the auto companies have made clear that's absolutely not true. i think we've seen a little bit of desperation in his closing message. >> and we have seen a slight swing for the president in our new swing state polls. i'm sure you saw what karl rove wrote today. in the last days of the presidential race, he says they favor mitt romney. the democrats are making a mistake because they're counting on inconsistent voters who may well not turn out. could turn out be the difference in this election? does karl rove have a point? >> well, i think turnout will make the difference in this election. republicans are betting on the fact that our coalition won't show up at the polls. if you look into those early vote numbers, they already have. we have a 60,000 vote lead in the state of iowa. across the country, it's a very diverse electorate so far. there are a lot of young people voting. there are a lot
sandy cunning last month sales by 300,000 vehicles. chrysler had its best sales since 2007. the irs is giving taxpayers affected by sandy some extra time to file returns and payments. they have extended the original deadline by one week. that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: we have the latest update to bring it on the number of people who are still without power because of hurricane sandy. 4.6 million are still without power. the upside is at the peak 8.3 million were without power and electricity. almost 3.7 million people have had their power restored. you can look at the hardest hit states there. the number of them still have no electricity. we do have some idea of when service will come back. seven-ten days for ps eng, 14 days for the hardest hit areas and men had new york city underline areas will be back. connell: let's go to jeff flock out in hoboken. jeff: half of those people you are reporting on that do not have power are in new jersey. in hoboken, nobody has any power except for that supplied by the national guard.
bailout. >> it paid off in toledo, where chrysler's adding more than 1,000 new jobs on a second shift. not in china. right here in ohio. >> reporter: it paid off for him in in ohio polls. >> this morning we learned -- than at any time in the last eight months. >> reporter: it's the last jobless report before the vote. 7.9% unemployment. slightly worse. >> the president went to springfield, ohio. >> reporter: romney stopped in wisconsin where he's polling five points behind. >> candidate obama promised to do so very much. but he's fallen so very short. >> reporter: he said the president pledged unemployment down to 5% by now. >> today we learned that it's actually 7.9%. and that's 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. think of that. >> reporter: governor romney has two stops in ohio today. president obama three. and they'll both be back before tuesday. both candidates are campaigning as if any letup would mean they would lose ohio and lose the election. i'm steve handelsman, news 4. >>> early voting ends tonight in ma
and endorsements continue. today, romney picked up support of former chrysler cio and hal sperling, saying he is the right man to help detroit and fix auto industry. for the next couple days romney will walk a fine line between trying to rally voters and continue the cam pawn stay on the right side of the relief effort. bret? >> bret: carl cameron traveling with the romney campaign. carl, thank you. a mexican man has become the first to be convicted in the death of the u.s. border agent brian terry two years ago. two rifles known as operation fast and furious found at the shooting scene. the suspect pleaded guilty to first degree murder and faces up to life in prison. animal rights activist and dead fish in california, adds up to an amazing story in grapevine. up next, as the storm passes, the relief efforts gear up. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees.
, unusual spectacle of the heads of general motors and chrysler rebutting campaign ads. >> right. >> from the romney campaign. they can say the first ad at least was literally true in the careful way it was wording, but it still got a pants on fire for being inaccurate. the general impact of that advertisement certainly was suggesting that jobs were going to be literally moved from ohio, jeep jobs, to china and that was not -- >> which the company denies. i've talked to obama advisors this morning who say, a, that would be a much bigger story, if not for the sandy coverage and that would be quite detrimental to the romney campaign. b, they wouldn't be running those ads in the first place if they didn't feel they were coming from behind there. there's no question the auto issue is important. interviewing governor kasic on "meet the press" said i would never side with somebody who wasn't a strong auto guy and didn't believe in supporting the companies. i think they understand that it's been an uphill climb in ohio. the romney campaign does. they like to think they're a lot closer here, but
political fixes are wrong. he headed the auto task force to oversee the g.m. and chrysler bail-out and he tells fox news we had lots of conversation whether to require g.m. top off all the pensions. it was not easy to decide where to draw the line. >> ratner says the uaw had to be in factories if the g.m. bail-out would work and they drew the line at topping off the delphi uaw pension. bret? >> bret: steve, thank you. latinos are the second fastest growing race group. they will be even bigger and a bigger factor in every election to come. here is chief national correspondent jim angle. >> vice president biden told a radio interviewer from univision that only he and the president recognize the importance of latino voters. >> we have a lot of people who don't pay attention the lay te know vote; particularly, in the other party, realizing that is a political force. >> the president told the des moines register if he wins a second term, it will be because, "the republican nominee and the republican party have sold alienated the fastest growing demographic group in country: the latino communit
versus the u.s. already got chrysler this morning, 10% versus an estimate of 13. dodge up 20, ram up 15. jim, the numbers, they have been good all year, but they haven't been as good in the second half of the year. >> sandy cutler from eaton commented and he still thinks auto motive is very strong. ford, chrysler has done a remarkable job, japan, the japanese company now american companies doing incredibly well. it remains a strong part of the u.s. economy. >> stock the next 1% loop. >> the autos are a real bright spot. i like that gm call yesterday. in technology, we did have a couple of deals. they're merging it with a software company. but it's a pretty nice premium. you always like to see a 30-plus premium after all. >> they have some accounting issues. >> forget it if that's the case. if you say it, i believe it. we should also appoint bmc in the software area.$750 million going to buy back really quickly. by the end of the year, bmc has a lot of activists in that name. it was thought that you actually get a deal. i have spoken with a couple of them near the end of the year. you've
that the chrysler will move jeep jobs to china. obama camp insisting that's not true. the problem is that you go back to the president's speech in ho had yesterday, he was not talking about the jeep controversy when he said voting is the best revenge. so that explanation doesn't seem topped. i think the bottom line is the president wants to shift the focus here, doesn't want to talk about things like that. what he wants to talk about is grabbing the mantra of change back from mitt romney. he's talk being how mitt romney is saying, he's the candidate of change. president obama is no longer the challenger. he's trying to take that mantle back by saying the policies that mitt romney is selling on the stump are really just failed policies of the past. not sort of any change moving forward. that's his case. the second thing he has, the obama camp is confident about is the ground game. they believe that if they can wrap up some of these midwestern battle grounds like iowa, wisconsin and ohio, it will be very hard for mitt romney to get to 270 electoral votes he needs to take this away from the preside
, recent one on auto bail yet which the chrysler selling jeep to the italians who want to start producing jeep ins china. obama administration saying absolutely not true they're shipping jobs overseas. the romney campaign saying it is true they want to start producing jeeps in china and every job created in china is not a job created here in the united states. so the campaign trail governor romney will continue to pure the message of change versus the status quo, saying under his administration real change starts on day one and mocking the president for wanting to create jobs by creating a department of business headed up by a secretary of business. >> i don't happen to think that put being in a new chair in the cabinet room will bring new jobs to the people of america. so we've got a plan instead to do that. [applause] you see, i don't think that what we need is another government bureaucrat that supposedly knows something about job creation. i think it would be helpful to have a president who actually understands job creation. [cheers and applause] >> reporter: that is romney's purchase
Search Results 0 to 34 of about 35 (some duplicates have been removed)